Endowment-style client relationships (long-term, trust-based partnerships with deep organizational integration) are superior to transactional relationships because they allow managers to pursue truly long-term strategies without fear of asset flight during underperformance.
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Speaker
Seth KlarmanEvidence Quote
“long-term Partnerships are ones of trust...teams getting to know each other not top person a top person but deeply enmeshed throughout organizations”
Created: 8/12/2026, 5:57:12 PM
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